EU disburses first 3 billion euros of 90 billion-euro loan to Ukraine at Warsaw recovery conference
By
Claudia Ciobanu
4d ago· 3 min readenNews
Summary
The European Union has disbursed the first 3 billion-euro tranche of a 90 billion-euro loan to Ukraine, announced at a conference on Ukraine's post-war recovery in Poland. The event, attended by European leaders including German Chancellor Friedrich Merz and EU Commission President Ursula von der Leyen, serves both as a fundraising forum and a signal to Russia of sustained Western support for Ukraine. Since Russia's 2022 invasion, EU countries have provided 200 billion euros in support, and a European equity fund for Ukraine's economy was also announced at the conference.
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bskyEU disburses first 3 billion euros of 90 billion-euro loan to Ukraine at Warsaw recovery conferenceapnews.comKey quotes
· 3 pulledThe European Union has disbursed the first 3 billion-euro ($3.4 billion) tranche of a 90 billion-euro ($101 billion) loan to Ukraine, the country's prime minister announced Thursday.
The conference, attended by key European leaders including German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen, is both a fundraising forum and a message to Russia that Ukraine's Western supporters are in it for a long haul.
Since Russia's invasion in 2022, EU countries have provided 200 billion euros in support.
The European Union has disbursed the first 3 billion-euro tranche of a 90 billion-euro loan to Ukraine. The announcement was made Thursday at a conference on Ukraine's post-war recovery in Poland. The event, attended by European leaders, aims to show long
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